Saturday, December 24, 2016
Sunday, December 18, 2016
DEFLECTION COMPONENTS PVT LTD GANNAVARAM VIJAYAWADA
It might sound very interesting. I spent some time in Vijayawada with a company that makes Deflection Yokes in Gannavaram adjacent to the NTTF Gannavaram.
The head office of this organization is at Mandavelli Chennai.
I had a room mate here whose name I dont recollect. He is from Chennai. If you happen to read this please get in touch with me.
Labels:
Chennai,
gannavaram,
mandavelli,
vijayawada
VEENA MAESTRO CHITTI BABU AND MYSELF
I have no direct connection between this legend called Chitti Babu but for his son who was my room mate for one night at Hotel Citizen in Juhu Mumbai.
Perhaps it is in March of 1997, I was Regional Co-ordinator of Zed Points at Aptech Computer Education in Bangalore and was called to Mumbai and checked into the hotel at around 6pm and was relaxing in my room overlooking the Juhu beach and suddenly the door bell rang and in came a Gentleman who was the Regional Co-ordinator of Zed Points in Chennai region who also told me is the son of Chitti Babu.It was a nice experience meeting him and later a band of all of us had a stroll on Juhu beach.
The next day was the conference Chaired by Ganesh Natarajan , Uma Ganesh and Pramod Khera. (Pramod is a first class gentleman in his conduct.).
A portrait of Pramod Khera
A portrait of Pramod Khera
After the conference this room mate of mine (The son of Shri Chitti Babu) left that evening and I the next morning. I spent two nights in the hotel and he one.
Some how I happenned to remember him.I think his name is Sayee Chikapally. Contact me Sayee if you can.
Monday, December 12, 2016
Friday, December 2, 2016
IMPACT POLYTECHNIC AND Mr.MATHULLAH
For nearly a month I taught at the Impact Polytechnic at Kodihalli near Bellary road and Hebbal.More precisely in January 1988.It was a nice experience.
Impact literally means Institute for Manpower Planning and Career Training and is the brain child of Mr.Mathullah a retired Squadron Leader of the Indian Air Force.I used to enjoy a constructive relationship with this man during my stay at this place.He used to drive around in a white Ambassador car.
Recently I was in Vijayanagar and happened to meet a young Muslim girl who studied Telecommunication at the Impact Engineering College and immediately remembered about this place.
Mr.Mathullah used to be a creative personality with a lofty mind and always educated people who came into his contact. He had an assistant by name Mr. Chako who also was a retired Air Force person.
I used to teach Material Science at this place and even remember a student Chankya Vyas.
Thank-You Mr.Mathullah for this oppurtunity and I used to have very long drives in the morning and evening from Doorvaninagar to Kodihalli and back.There were no Ring Roads during this time.
Thursday, December 1, 2016
Tuesday, November 29, 2016
Friday, November 18, 2016
Sunday, November 13, 2016
Monday, November 7, 2016
CASE STUDY STOCK MARKETS
VVG Reddy is an NRI based in
Dubai and is the vice-president of AL-SAR traders. He has 2000 shares of the
company and the base value of dollar 100 per share and the listed price for the
share today in Dubai stock exchange is dollar 175.
Recently he has shifted base to
Mumbai and has decided to sell the shares. He approaches a stock broker Mr.Lakshmi Parayan who gave him some insight
into the ways the share could be traded.
The share broker said that there
are four ways in which the trading could be done. The broker can buy the share
immediately at 20 percentage less than the dollar exchange rates with 22
percent tax on the earnings. The shares could be routed through the New york
stock exchange in which case the transaction would take six months to complete
where in the dealer commission would be 4 percent and the exchange rate would be
15 percent less than the dollar exchange rates and the tax would be 2 percent
in India and 3 percent in New York.. the third option would be to sell in the Dubai
market where only 500 shares can be traded a month at 6 percent less than the
dollar exchange rate with 7 percent tax and 6 percent dealer commission for every 500 shares. The fourth option would be
to sell the shares through local traders who will only deal with 100 shares
every month at 15 percent less than dollar exchange rates with 3 percent dealer
commission.
Discuss the best option for Reddy
that will give him best returns,
Assume dollar exchange rate as
Rupees 65 per dollar and interest rates at 15 % per anum.
Friday, November 4, 2016
Wednesday, November 2, 2016
THE UTILITY FUNCTION AND CONSUMER ECONOMICS
Consumer Economics is an area of Economics that studies
Consumer Buying.There are many other forms of Economics too; like Business
Economics ,Managerial Economics, Labour Economics and so on. Consumer Economics
is the area of Economics that studies Consumer Consumption.
Business Economics is a subsidiary of Consumer Economics in
many ways. Consumer would not buy anything for which he has no Utility. So
Utility function is a very important component of Consumer Economics.
One of the ancillary axioms of Consumer Economics is the
Marginal propensity to store. When there is Consumer crisis of any kind there
is Marginal Propensity to Store.
The Utility Function is a function of two variables. It is
directly proportional to Criticality of need and inversely proportional
availability of Substitutes. Less the
availability of substitutes higher is the Utility and higher the Criticality of
need higher is the Utility.
Factors like Supply and Demand are influenced by the Utility
function and hence Inflation and Deflation. Higher the Utility function higher
will be the Price in the Price-Demand relation normally discussed in Economics.
Increase in price could result in increased Demand a result contrary to
conventional trajectories under the influence of higher Utility functions.
Monday, October 31, 2016
CASE STUDY RETAIL
Reddy Nagar is situated in a posh
layout in the city of Saralabad. The layout has some 3000 fully
occupied flats of software developers who work round the clock. Naram-Garam is a retail chain operating in Kolkata that
wants to put up some retail outlets here. Assuming that you are a consultant
for the project answer the following questions;
How many Retail outlets must be
considered ?Why?
What should be the size of the
outlet?
What are the products that the
Retail must deal with ? Why ?
What kind of Technologies would be
needed to make the outfit successful ?
CASE STUDY - AGRICULTURE BUSINESS MANAGEMENT
- Bai Bai Agriculture pvt ltd is a venture promoted by Dr. Seema and has a Mango grove near Tirupati. It is basically a ten acre farm with some twenty full time employees with an export office in Mumbai handled by Mr. Kaalia who has more than twenty years of experience in Import /Export.
The farm has
been exporting Andhra variety of mangoes for nearly five years to South
American countries like Peru and Brazil and also to countries like Australia
and Indonesia. The customers were happy as these mangoes almost sold instantly
in the fruit markets around these countries. The profits were high and even the
Governmental agencies were happy.
But earlier this
year the company got a letter from the embassies of most of these countries
that some 10% of the mangoes were giving a pungent taste and also the color of
these mangoes were becoming purple after some time. The company first thought
the problem was happening in the containers during export but Dr.Triboovan ( a
Japanese expert) detected traces of nickel in the specimen mangoes that were
sent to him.
Water is pumped
into the grove from a canal that is linked to the nearby river and
investigations revealed that an electroplating unit started recently was
dumping their waste into the canal periodically which was high in nickel
content and the nickel content in the Mango could be traced to this.
Dr Seema is a
worried person now as the next export consignment is due in another six months.
A letter to the Electroplating company regarding this matter went unanswered
and the Electroplating company demanded
proof of contamination to effluents from their plant. The electroplating plant
is also pleading helplessness as there is no other drain for its effluents and
the demand for electroplating is so high due to increase in industrial
manufacturing around that electroplating cannot stop even for a day.
Answer the
following questions;
1.
Could this problem have been foreseen by the Agri
company?
2.
As an immediate measure should the Agri company focus
on some new International markets for its mangoes.
3.
Do you think some new kind of fertilizer can arrest
this problem.
4.
Should the company look for some new sources of Water?
5.
What should be the role of Govt bodies in such cases?
6.
What short term and long term solutions would you
suggest?
CASE STUDY RETAIL
Yeralagudda Prathipala
Gajaraja Reddy is a powerful
business magnate of Madanapalle who traditionally owns many business activities
in this place under Srihari Corporation. His father Yeralagudda Srihari Reddy
started this outfit. Y P G Reddy as he is called is a tall and stout figure and
the public gave him the title Gajaraja after he pushed a wild elephant into the
gutter with his muscle power when it came to attack the citizens of
Madanapalle.
Y P G Reddy during a visit to
Germany met his friend Carlos Gunther who is an expert in Retailing who
suggested to Reddy that he must start Retailing activity in Madanapalle and ever
since Y P G Reddy was planning to launch more than one Retail outlet in
Madanapalle. He hired a consultancy organization Bali International to study
the population demographics of Madanapalle.
The
statistics presented was as follows:
The
place had a population of 25 lac people out of which 10 percent were above the
age of 60..40 percent were between 60
and 40..25 percent were between the age of 20 and 40 and the rest were
children. Roughly 30 percent of the population
within these age segments were female. There are no formal retail
outlets in the place as of now. 60 percent of the work force is between the
ages of 30 and 60 and 15 percent of the work force is female. National highway
runs through Madanapalle and there are 10 major colleges in this place. Wani
avenue…Mir road…..Shilpa cross…Nibu street are the major roads and they are
some 5 kilometers from each other.
Some
of the recent trends in this place according to market research is that Rice
and dhal are used daily by the
population and forms a key component of daily life. 90 percent of the
population speak fluent Telugu
and 60 percent of the population
speak English.
Y
P G Reddy is actively planning to get into Retailing and Akhila bank is willing to fund the entire
project but he wants some answers before he gets into the venture.
According
to you;
*What
kind of a retail model should he adopt. Should it be a Super Market, Mall or a
large Retail store.
*How
many outlets should he plan for the entire place? Explain your logic.
*Identify
some twenty products that the Retail Outlet would be successful in selling.
*Using
some assumptions estimate the total initial investments.
*What
kind of Marketing approaches must he use
?
·
What kind of a Manpower requirement
should he plan for and try to outline a organizational structure.
CASE STUDY RETAIL
1. Identify any ten Ethnic groups in
India and explain their possible buying behavior with
regards to a Large Retail store over a twelve month period. Make any
assumptions that might be necessary.
CASE STUDY -CONSUMER BEHAVIOUR
Gajaveera Simhagarjana
Pulakeshi Reddy (G S P Reddy) runs a textile show room by name ‘Sweety Textles”
in Praveen nagar. He basically deals with dress materials for Ladies and
Children. He has one more such showroom in Shafqatpalya. The following table
shows the individual sales at these outlets on a monthly basis and also the
total consumer expenditure.
Sl. No.
|
ITEM
|
PRAVEEN NAGAR
|
SHAFQATPALYA
|
Total SALES
|
1
|
SAREES
|
2200 NUMBERS
|
1300 NUMBERS
|
Rs.12,00,000
|
2
|
CHUDIDHARS
|
600
|
400
|
3,00,000
|
3
|
JEANS
|
150
|
700
|
7,00,000
|
4
|
Children items
|
654
|
339
|
4,00,000
|
.
Answer the following questions based on the data above;
1.Why do you think saree sales is lower in Shafqatpalya?
2.If the company wants to increase Chudidhar sales..What
should it do?
3.Why do you think is sale of jeans higher
in Shafqatpalya?
4.On which of these items is average price of item the
highest?
5.What kind of Consumer behavior pattern emerges from this
data.
6.Assume a family of Four ..two children and parents…what is
the ratio of expenditure on Saree,chudidhar,Jeans and Children items at each of
these outlets.
CASE STUDY - HR
Reddy Bank
is run by two brothers
Colombus Reddy and
Pema Reddy and is involved in
giving loans against gold deposits. They hire college graduates from prominent
colleges for their branches which exist in twenty major cities of Andhra
Pradesh.
The strength of each branch is 25 employees…..10 employees
work as clerks….another ten work in cash and deposits department..one person is
Bank manager assisted by four Asst. Bank
Managers. The basic compensation is at
par with most other banks and the
average age of staff at a branch is 35 years.
During the last month 20% of the employees were irregular to work and the general operation of the bank is
being effected. Repeated warning notices sent by the HR manager Mr. Danda was not correcting the situation
and the percentage of such employees is likely to increase. This behavior of
employees could not be understood and
Mr. Danda approached Mr. Reddy for some methods to solve the problem.
Answer the following Questions?
1.What could be the reason for such
employee behavior?
2.What kind of Solution would you
suggest for this problem?
3.What are immediate steps the
company should take?
4.Should such employees be removed
from service ?
5.What basic HR instruments and
practices do you suggest.
Sunday, October 30, 2016
CASE STUDY - BUSINESS TO BUSINESS - B2B
Reddy Corporation is an industrial
enterprise making ball bearings for the electric motor market and has 100 workers on its rolls
working on the shop floor. For every twenty workers there is a supervisor and
the supervisors report to a plant manager and the company has a factory
manager.
Mr.
Sardar the marketing manager of Insta
brand of starters visit the company and offer their electronic starters to the
company as a replacement to conventional starters used in fluorescent lamps
used in the shop floor. The shop floor has some 250 fluorescent lamps. The
starters are tested by the plant manager and gives an okay report to the
factory manager Mr.Mirwani Giri.
The
company decides to replace all the starters with the new starter and on a
Sunday overtime electricians replaced all the old starters with new ones.
Because
of the dusty environment and heat conditions….at least ten of the starters were getting burnt every week creating serious problems in the
shop floor and some parts of the shop floor were not getting light.
After
three months the problem was becoming even more serious and the workers made a
written complaint to the CEO Mrs. Sayeda
Grace Shilpa in Chennai who immediately ordered the replacement of all the
starters to the old format and the plant manager was suspended for one week.
1.
Try to identify User Buyer, Technical
buyer and Economic buyer in this case.
2.
Should the company have replaced the
old starters..if not why?
3.
How do you think this confusion could
have been avoided?
4.
What steps the company should have taken
in the purchasing process?
5.
What fresh purchasing policy would you
outline so that such problems don’t arise in the future.
Saturday, October 22, 2016
KERALITE SOCIETY AND THE LARGER WORLD
Keralite society and the larger world
An agricultural
society of the past grappling to come to terms with Industrialization and
Services sector….crisp way of labeling Kerala as a society.
It is nice to study Kerala as a society..or so modern day
Kerala which is a combination for all practical purposes of Malabar and
Travancore.
To my observation this state is ailing on many fronts but is
enduring the ailment silently hoping for a better tomorrow of some kind. Is it
education that can act as a transformational force..or is it
Corporatization….or is it Foreign exchange…solutions are being sought.
For most part of my life I have lived in the Karnataka state
and was an observer of Kerala.Every time I see the monolithic Vidhana Soudha in
Bangalore I wonder why the state of
Kerala failed to create such an edifice which leaders in this part of the World
assembled almost after independence.
Every other day I watch Malayalam news channels and see
protesters baring their chests against
Police using water cannons and involved in lathi charge and young people
brutally beaten….inter party murders at other times..most of the time the
Democracy of Kerala is discussing and swording such issues to the exclusion of
many other which could add to the development of the state and the region.
Almost a decade ago I happened to visit an arrack shop in
Kozhikode searching for a friend and found a huge multitude of people in the
shop….that too in the afternoon. I was left wondering the amount of human energy
being wasted which could have been put to constructive work.
Keralite society needs direction ..it needs healing and
short-term and long-term healing procedures out of its erring ways. If these
are not implemented fast there could be economic take-over of the state by
external forces. Something drastic has to be done to orient the state into more
refined ways and tap and channelize the abilities of people for larger good.
Let us look at the history of modern day Kerala. Traditionally
divided into many fiefdoms into conflicts from time to time and the ports of
Kerala like Cochin, Kodungallur, Calicut and Ezhimala in the center of
international trade mostly from the Arab countries and thereafter the European
invasion through Calicut, first by the Portuguese and finally by the English. Add
to that the control of Malabar by the Mysorean forces for nearly eight years
and the socio-political changes there-of..and it appears to me by 1850 the
English had complete control of modern day territory of Kerala. They were wary
of Malabar but were better positioned towards Travancore –a lop-sided
development policy the effects of which are even felt to this day. Note that at
one time Malabar accounted for a large share of world GDP because of its trade
in spices which eventually went into disarray for many reasons. Much of English
administration was centered around Madras and many parts of Kerala were ignored
or bore an indifferent treatment. The primary reason being that the trade in
spices were replaced by the trade in Tea and Jute which saw cities like Kolkata
,Mumbai (Bombay) and Chennai(Madras ) growing in prominence and the state of
Kerala as we see today nowhere in the fulcrum of Economic momentum. Keralites
more so the Nairs and Menons of Malabar who found favor with the English were
accommodated in these cities which created a brand of non-resident keralites
who none the less owed allegiance to the state arising to some standing at the
national and international level around these times. Needless to say names like
Krishna Menon and V P Menon would fare in this list.
In post independent India and the growth of public sector
found a bunch of people..a significant bunch..move into most key cities of the
country and and the following opportunity to contribute dramatically to
Economic activities of various kinds. This is interesting and far-reaching
because it created a genre of people across most states who owed some form of
allegiance to their native states and also add to this the post-independence
phenomena of mass migration of youngsters to the Gulf..many of them settled
there and also to be noted is the migration during the English era of people
from this region to the Malaysian Peninsula to work in Plantations.Every thing
mentioned above tries to trace the over-all contours of Keralite society as we
know it.
Geographically speaking there is a problem that Keralite
society was victim of. The Western Ghats on one side and the Arabian sea
creating a narrow tract at the most some sixty miles in width restricted into
motions only in the North-South direction.The Western Ghats has an aperture at
Palghat called the Palghatgap which was the only known free entry zone into the
modern state of Kerala..else it is a struggle to negotiate the Western
Ghats.Few other state have these Ghats within the boundary..think of it for a
second…Kerala is the only state confined by this range in Toto..a military
disadvantage faced by the people, because who controls the Palghat Gap controls
the movements into the Kerala regions and since ages in the face of Military
conquest the people living within this region could easily be out numbered by
any invader. This has happened on many occasions so to say adding to the woes
of this state.
What are the far reaching changes adopted in Kerala in the
recent past. Liberalization and privatization of Education.. meaning expansion
of opportunities for professional education in the private sector. It is yet to
bear the results it is destined for but in many ways can be treated as a
welcome move that large educational platforms are created in-house and populace
could travel to near-by cities for education and also add to that the economic
growth that such sectors could create. The second change would be the effort to create technology parks to grapple with
modern day software eco-space.. yet to provide serious results but none the
less a step in the progressive direction. The third would be positioning of
Kerala more seriously as a Tourist destination which must be providing results.
I was watching with caution the efforts of the state at
prohibition which could be seen largely as a political move. Prohibition
implemented all of a sudden will have large scale social and economic churn and
back-lash..any effort at prohibition must be gradual over a ten year period or
so systematically decreasing the supply of liquor to the common folks and also
increasing the price. If done all of a sudden it can lead to boot legging and
other law and order crisis. I watch with dismay the large proportion of common
folk standing outside government out-lets trying to buy liquor..such a
phenomenon is unseen in much of the other parts of the country.
It is a weakness of the system of education both formal and
informal that large parts of society land up into the habit of alcohol or
similar substance abuse. Media time in all major media must be devoted for few
minutes every day to encourage people into prohibition; the liquor lobby would
be against this , but some trade-off must be arrived at for a more
strategically firm social fiber.
Thanks to the mobile telephony and internet revolution the
social composition of the working population is changing. Youngsters in their
teens from all over the country can be seen working at various outlets in
Kerala these days ;lads who adapt to Keralite ways quickly and successfully.
What should Keralite society of the future look like? It has
inherited a troubled past and needs to leap-frog into a future that is fanciful
and promising vis-Ã -vis the new world order.A daunting task but must be adhered
to.There are no quick-fix solutions. But before we proceed any further it would
be worthy to point out some of the constructive points as we see it. Keralite
society has a vibrant and successful cinema industry which to my observation
makes responsible movies to a large extent.. there has been constructive
progress even in the other areas of fine-art..a responsible public that take
keen interest in public affairs, sometimes it is over-reaction, add to that a
media which has been keen to highlight issues of the common man, a tilt towards
the Capitalistic model of society in the recent past, a more responsible
approach to public assets, growth in infrastructure projects and also the
ability to have adapted very quickly to the mobile and internet revolutions.
Sunday, October 16, 2016
Saturday, October 15, 2016
REVITALISING KSRTC KERALA STATE ROAD TRANSPORT CORPORATION
Having come to know from some quarters that
Kerala State Road Transport
Corporation is troubled and is looking for ways and means to revitalise
itself ….I thought it necessary as a
Corporate Consultancy enthusiast to
share observations and possible solutions from my experience and view-point. Earlier I
was associated with Corporate Consultancy initiatives in Bangalore city
handling projects of System
improvement and Re-engineering. That KSRTC
has asked the help of independent
consultancy institutions to find remedies which is a welcome move and
also a sign that the Kerala Government
is seeking professional involvement
to improve and augment
situations. I was listening to Gita Gopinath
the other day who is on a similar
mission.
My own experiences
with KSRTC. As a student at the
erstwhile Regional Engineering College at Calicut between 1982
and 1986 I used to use the
Bangalore- Calicut service often. In 1982 me and my room mate S
V Giri were stuck at the Calicut Bus Station because the 9:00pm bus was full
and we did not have a reservation. We had to wait for nearly five hours to board the Karnataka SRTC delux bus at
2:00 Am. Many times on my journey from Bangalore to Kozhikode the Driver and Conductor refused to give a halt
at Kunnamangalam from where REC was very
close-by though I pleaded with them and emphasizing that I was a student….which
means I had to un-necessarily go to Kozhikode and comeback to REC…a round
about journey that could be fifty
kilometers. We used to prefer private buses
because they would give a halt at Kunnamangalam. On another occasion the night bus from Kozhikode to Bangalore
broke down in Kengeri and I had to take a BMTC bus to reach Bangalore terminus.
By and large the service was good I must say…economical on one hand and
sufficient at the other at most times.
Two of my recent journeys with the KSRTC
has been awful. One by an Air-Condition morning bus from Kozhikode to
Bangalore..the bus making rattling noise and the Air Conditioning device
misbehaving in many possible ways and another night journey by a deluxe bus from Bangalore to Cannanore…hell of a
noise from all sides…..bus at over speed though under full control…..full night
of engine noise totally preventing sleep and had the feeling of being cattled
from Bangalore to Cannanore. The reason
why KSRTC is in doldrums might be hidden
in my experiences mentioned above. KSRTC is novel in many ways and needs
re-definition and invention.
Note that the overall area of surface transport is an
exciting one and set to grow. overall
economic scenario is encouraging but in many ways shows some kind of supply
–chain patterns; which means the services are in high demand during some
seasons and tends to dilate during the other. Such patterns can be seen during
the days of the week and also note the possible increase in cargo. Lets note an
interesting phenomena…every bus stop of one time is slowly becoming a full
fledged Bus station and the number of commuters increasing along these lines.
Roads are being widened and made more durable and new connectivity’s emerging. In
such scenarios why is KSRTC under loss? The environment is encouraging but the
realities pointing otherwise.
Many factors must be looked into to remedy the
situation..some of these are obvious and some need analysis.But KSRTC being in
the encouraging Transport sector would find it easier to emerge itself from the
crisis it appears to be in unlike certain other Organizations and Institutions
which are in restricted sectors and would need to be shelved or resources
re-defined and distributed.
Let us look at the most fundamental equation of any Business
so to say. Operating revenues must be greater than costs. Costs must be having
many cost heads and less tangible but revenues on the other hand more
distinctly measurable. Revenues minus the costs are profits. Either you
increase the price or reduce costs are the two logical dimensions of Business. Some
of these can be crudely done in some places and situations but would be complex
in another. Also note increase in price would create a fall in demand. Assuming
a possible marginal increase in pricing
the onus of profitability falls totally on cutting costs. How could this be wisely done without effecting the
values of larger society is the most important challenge facing KSRTC. May be
the yearly budgets would very clearly indicate places where there is cost
over-burden….some of them could be halved or totally obliterated.. which is a
surgical solution which may not be palatable in a democracy.
As a professional who worked in teams for some time trying to
find solutions for issues like these ..let me downsize my observations to some
kind of a ten point program implemented over a period of time could give
results of some kind.
1.Conduct Customer Satisfaction surveys once every three
months to start with and then made bi-yearly. What generic commuters rate and state must be validated and bench marked
and improved. Existing employees could be used for this purpose and Quality
Circles made who evaluate the progress periodically. Every minute aspect must
be worked upon.
2.Implement six sigma style models to increase customer
delivery.Every Station Manager at KSRTC bus depots must ensure proper
commencement of services and also study delays , failures, breakdown and
accidents occurring in his jurisdiction. Technology could be introduced to
improve such delivery systems. Very crisply said Zero delays..Zero
accidents..Zero skirmishes of any other kind. Six Sigma type models could also
be implemented to improve ticket reservation systems.
3.Study of pricing models vis-Ã -vis competition and also
induct flexible pricing systems…which means seasonal pricing.The price increase
could be marginal but could increase revenues and cushion the situation. Also
study the profitability of various classes of
bus services and price adjustments could be undertaken.
4.Re-engineering exercise could be initiated which would
involve study of various processes and process times of all activities inside
the organization. Implement drastic
improvement measures where ever possible.
5.Create a comprehensive Vision and Mission statement for
KSRTC and display it at all major bus depots.
6.Continuous Marketing efforts must be initiated. This would
need elaborate study. Positioning of various services, public relations,
Customer value, Customer delivered value ,niche markets, punch lines, product
lines, Sales promotion, internet marketing, routing and the like. A separate department
must be created and maintained for this purpose.
7.HR or human resources efforts must be created and
maintained. This would involve periodic training modules on technical and soft
skills and customer handling.
8.Study technical issues through R and D division regarding
fuel efficiency of vehicles and other vehicle related Scientific and technical
issues.
9.Use KSRTC services to move light cargo across destinations.
This is being done to my observation but must be made more viable.
10. System standards and upkeep of all Bus Stations to world
standards.
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